Intraday Bias: Lower Low Pivot Failure

By Lawrence

Expectations after Lower Low Pivot Failure on Emini S&P (ES), Nasdaq 100 (NQ) and Dow (YM)

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Comments
  • smilingsynic December 20, 2013 at 12:16 am

    How is this a pivot FAILURE? Wouldn’t it be a pivot SUCCESS?

    • Lawrence Chan December 20, 2013 at 9:23 am

      It’s the name for the pattern in Time Map, remember?

      It is a success for pivot defended itself and a failure for pivot to act as resistance after low was breached. Two sides of the same coin =)

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